Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

· Luis Gallego

· Fernando Candela

· Adam Daniels

· Sean Doyle

· Lynne Embleton

· John Gibbs

· Steve Gunning

· Chris Haynes

· Carolina Martinoli

· David Podolsky

· Javier Sanchez-Prieto

· Marco Sansavini

2

Reason for the notification

a)

Position/status

Persons Discharging Managerial Responsibilities (PDMRs)

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

International Consolidated Airlines Group S.A.

b)

LEI

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 0.10 euro each

ES0177542018

b)

Nature of the transaction

Award of conditional shares granted under the IAG Executive Share Plan (Restricted Share Plan), vesting in 2024.

Award of conditional shares granted under the IAG Executive Share Plan (Full Potential Incentive Plan), vesting in 2025.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

23 June 2021

f)

Place of the transaction

Outside a trading venue